My wife worked for these bums for 32 years. Unannounced, they laid off everyone who worked in her section around the country. They had like six offices around the USA who did the type of work she did. Over 100 people, the grand majority over age 55 were canned. My wife had enough time in with the company to retire, which she did. She got the buy out package also. But, it was 4 years before she could retire at age 62. We closed our accounts with the bank, she moved her 401k plan thankfully out of the bank and now controls it herself. I could care less if they sunk to the bottom. Lay off all these people, then get naming rights to a stinking football stadium for upteen million dollars.
“Long-term unemployment tends to be a greater problem for older jobseekers than their younger counterparts. In December 2008, 32 percent of jobseekers aged 55 and over, 23 percent of those ages 25-54, and 18 percent of those under the age of 25 had been unemployed for 27 weeks or more.”
http://www.aarp.org/aarp/presscenter/pressrelease/articles/December_Employment_Stats_Reaction.html
Yes Wells Fargo did the same to me. I am also 55
Your wife worked and was paid for that work probably with benefits for 32 years and retired with a buy out package, and you think they are bums?
BAC is crap. They are pro-illegal alien. I would never do business with the scum.